FOREX H1 x5 POWER TREND DIRECTION- MT4 System Strategy -Scalping, Swing Trading.Complete forex Power Trend System Strategy
Pairs: ALL
Timeframe: H1
System: Scalping - Swing Trading - Day Trading
Platform: MT4
Language: English
1H POWER TREND DIRECTION
This strategy is specially designed for forex users who wish to trade in favor of the trend.
We highlight primarily that it has 5 simultaneous trend indicators working together, which allows an ideal detection of the current trend, and therefore an early detection of changes in it, which makes you can open your trades at the beginning of the reversals. This is ideal for Scalpers and Swing Traders.
SO, LET´S SEE THESE INDICATORS:
1- THREE TIMEFRAMES TREND DIRECTION
This indicator shows us the actual TF + the following 2 TFs:
If the 3 timeframes coincide in the same direction, the entry will be more than successful because as everyone knows, the times above the one used always give us greater security. Swing Traders can use this configuration.
But you can also take a trade with 2 timeframes that coincide, for example H1+H4, because even if the daily candle is against the direction there are movements of many pips against the direction of the daily candle as well. We will know then, that it is possible that this trend will not last several hours. Scalpers can work perfectly in this scenario.
2- TREND POWER
This indicator shows the power of the current movement.
Normally, when a trend is about to change, it first slows down its power. This indicator is based on the ADX value and is another help to establish the real power of the current market movement and avoid false entries because if we do not see strength in the current movement it is possible that it is about to end.
In the next image, we will see a decreased power, which may mean an imminent change of trend or a deep correction.
3- CANDLES TREND DIRECTION
This indicator shows the direction of the current candlestick in the current timeframe (H1) and the direction of the H4 and D1 candlesticks.
In this case, this indicator would be telling us that we should only open SELL trades, if both in the current TF and in the following ones the price is down, no matter how much we see a bullish opportunity (even if a green dot appears giving a buy signal) we will not open any trade until all the DIRECTION detection indicators are in agreement.
4- ALL TF TREND DIRECTION
This indicator is the result of the cross of Emas, MACD and RSI.
At a glance we can see how this pair is at the time of taking a trade, it also facilitates the task of knowing what our current spread is because if it is very high for example and we see that the candles have little movement, perhaps it would be advisable not to open a trade.
It also tells us how long it has been up or down since the opening.
5- CURRENT TF TREND DIRECTION (H1 O1)
This indicator will show candlestick by candlestick the direction of the trend, how many past candlesticks were of the same trend and will give us at a glance the main idea of the trend.
BUY THIS NOW!!!